Panther Creek Foundation

Analysis

Panther Creek Foundation is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Panther Creek Foundation reported income of $242k and spending of $193k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $242k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Panther Creek Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include National Veterans Wellness and Healing Center in Angel Fire Inc ($242k), Travis House Inc ($242k) and Vessel of Honour Ministries Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $113k. At year end it held assets of $82k against liabilities of $0, net assets of $82k. It reported 1 employees.